Enhance Development Impact of Workers' Remittances
The main objective is to enhance the development impact of personal remittances to Honduras through the innovative structured transaction to be used in financing the expansion of credit to the SME and housing finance sectors of the economy through bank intermediation.

Project Detail

Country

Honduras

Project Number

HO-L1127

Approval Date

May 21, 2008

Project Status

Cancelled

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 5,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 5,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
1975/MS-HO Non-Sovereign Guaranteed USD - United States Dollar MIF Financing
1975/TD-HO Non-Sovereign Guaranteed USD - United States Dollar MIF Financing
Operation Number 1975/MS-HO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund:
  • Financial Instrument: MIF Financing
Operation Number 1975/TD-HO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund:
  • Financial Instrument: MIF Financing